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Section 38
Company to submit periodic statement to Debenture Trustee
: (1) According to section 36, after the agreement between the company and the Debenture Trustee, the company shall submit its financial transaction statement to the Debenture Trustee every six months.
(2) If there is a change in the management of the company or any change in ownership after the debenture has been raised, the company shall inform the debenture trustee within seven days of such change.
(3) In addition to the details or information submitted by the company in accordance with sub-section (1) or (2), if additional details, information or information is required on any matter, the debenture trustee may request such details, information or information from the company and the details, information or information so requested It will be the duty of the company to provide the debenture to the trustee.